Listing Office: Southern Homes of the Carolinas, Inc
$4,340,000 List price
20428 Island Forest Dr Cornelius, NC 28031
4 beds
3 full, 1 partial
5,612 sqft
$773 / sqft
House
Property details
About 20428 Island Forest Dr
Sophisticated buyers will appreciate this award-winning Lake Norman waterfront home, showcasing stunning water views throughout its 5,612 heated sq.ft. of meticulously designed living space! Enjoy a library/billiard room, exercise room with sauna, wine cellar, main-level primary suite, elevator, gourmet kitchen with fossil inlay, media room, and a 3-car garage. Design highlights include a 3rd-floor studio with panoramic views, four fireplaces (indoor & out), and resort-style outdoor living with a kitchen, firepit, balconies, and a covered dock. Smart functionality abounds with an in-ground irrigation system, whole-home automation, blackout shades, blinds that adjust with the sun, tankless water heater, central vacuum, generator, heated primary bathroom floor, Sonos audio with room-by-room controls, and professional landscaping. With 99 ft of pristine lakefront and every detail thoughtfully executed—this turnkey oasis is ready for you to move right in!
Highlights
Home typeSingle Family Residence
HeatingCentral, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Natural Gas
StatusActive
CoolingAttic Fan, Ceiling Fan(s), Central Air, Humidity Control, Multi Unit(s), Zoned
Size5,612 sqft
Year built1996
ParkingDriveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry
MLS #4243921
Attached garageYes
WaterfrontBoat Lift, Boat Ramp, Boat Slip, Dock, Pier, Seawall
FireplaceDen, Fire Pit, Gas, Gas Log, Gas Starter, Gas Unvented, Gas Vented, Living Room, Outside, Porch, Recreation Room, Wood Burning
ViewWater
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Convection Oven, Dishwasher, Disposal, Down Draft, Gas Cooktop, Gas Range, Gas Water Heater, Indoor Grill, Self Cleaning Oven, Tankless Water Heater
- Basement: No
- Flooring Type: Carpet, Stone, Wood
- Interior: Attic Walk In, Built-in Features, Central Vacuum, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Sauna, Storage, Walk-In Closet(s), Walk-In Pantry
- Fireplace: Den, Fire Pit, Gas, Gas Log, Gas Starter, Gas Unvented, Gas Vented, Living Room, Outside, Porch, Recreation Room, Wood Burning
- Total Bedroom Count: 4
- Attached Garage: Yes
- Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry
- Waterfront: Boat Lift, Boat Ramp, Boat Slip, Dock, Pier, Seawall
- View: Water
- Exterior: Fire Pit, Dock, In-Ground Irrigation, Lawn Maintenance, Outdoor Kitchen
- Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Natural Gas
- Cooling: Attic Fan, Ceiling Fan(s), Central Air, Humidity Control, Multi Unit(s), Zoned
- List Price: $4,340,000
- Price/SqFt: $773
- HOA Amount: $65 Annually
- Annual Tax Amount: $13,864
- Tax Year: 2024
- Year Built: 1996
- Living Area: 5,612 SqFt
- MLS Number: 4243921
- Office Name: J. Lyn Signature Properties Inc.
- Office Email: Jennifer.Vandersol@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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$4,340,000
20428 Island Forest Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 22, 2012 | Home Sold | $950,000 |
| Oct 04, 1996 | Home Sold | $570,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,145,500 | $13,864 |
| 2023 | $2,163,860 | $18,369 |
| 2022 | $1,240,500 | $10,406 |
| 2021 | $1,240,500 | $10,406 |
| 2020 | $1,134,000 | $9,546 |
| 2018 | $900,800 | $9,739 |
History based on county public records data.
Nearby schools
6
Cornelius Elementary School
Public District KG-5
2.7 mi
•21126 Catawba Ave
8
J.V. Washam Elementary School
Public District KG-5
2.9 mi
•9611 Westmoreland Rd
9
Grand Oak Elementary School
Public Magnet KG-5
5.0 mi
•15410 Stumptown Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $111,310. The majority of Cornelius, NC residents have income $200k+ annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
28%
35k-100k
28%
100k-200k
30%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
4%
Single, with Kids
41%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
11%
18-34 yrs old
52%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis- Tennis
Where do the neighbors shop?
Nordstrom
Bloomingdales
Brooks Brothers
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Qdoba
What do the neighbors drive?
BMW
Lexus
Acura
What do the neighbors listen to?
Talk/Personality
News
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 20428 Island Forest Dr
The listing price of 20428 Island Forest Dr property is $4,340,000.
The property 20428 Island Forest Dr is a house located in Cornelius, North Carolina, 28031.
Active Listing: 20428 Island Forest Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 20428 Island Forest Dr are: Cornelius Elementary School (GreatSchools Rating 6/10), J.V. Washam Elementary School (GreatSchools Rating 8/10), Grand Oak Elementary School (GreatSchools Rating 9/10), Davidson K-8 School (GreatSchools Rating 9/10), Bailey Middle School (GreatSchools Rating 9/10), Lakeside Charter Academy (GreatSchools Rating 2/10), Community School of Davidson (GreatSchools Rating 7/10), Langtree Charter Academy (GreatSchools Rating 7/10), Pine Lake Preparatory (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $13,864 (source: MLS/based on county public records data).
The last sale was on June 22, 2012 for $950,000 (source: MLS/tax record).
The property at 20428 Island Forest Dr has 4 bedrooms and 3 full and 1 half bathrooms.
The property 20428 Island Forest Dr is 5,612 SqFt (source: MLS/tax record).
The year of construction for 20428 Island Forest Dr is 1996.
This home is located at 20428 Island Forest Dr in Cornelius, NC and zip code 28031 in the Island Forest neighborhood. This 5,612 square foot home was built in 1996. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $4,340,000.
Over 11 listings were sold over their listed price in April 2025 in Cornelius, NC. In the same period over 30 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Cornelius, NC between March and April 2025 increased by 1.7%. Listings spent 36 days on the market in April 2025, and had a median list price of $559,737 during the same period.
From Rocket Homes Real Estate and based on county public records data.